88Th St - Mokena, IL 60448
This exceptional 4.368-acre industrial land parcel in Mokena, Illinois, presents a compelling investment opportunity. Located at 88th Avenue & 187th Street – Lot 3, this property boasts convenient access to major thoroughfares, including full interchanges at LaGrange Road and Harlem Avenue, ensuring seamless transportation and logistics. The site benefits from strong visibility from I-80, enhancing its marketing potential. The land is zoned for industrial use and features existing infrastructure, including water, sewer, electric, and natural gas services, along with off-site detention. Low Will County taxes further contribute to the property's financial attractiveness. This site is part of a larger development offering parcels ranging from 2.3 to 17.3 acres, available for sale or build-to-suit options. A sales tax incentive is also available. The asking price for this specific 4.368-acre lot is $1,284,323, translating to a land value of $6.75 per square foot. This property is ideal for businesses seeking a strategic location with readily available infrastructure and low operational costs in a thriving industrial area. The property is situated in Will County, Illinois, with a zip code of 60448. The location offers access to a skilled labor pool.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.